Nigeria’s telecommunications sector attracted a total of 991 million dollars in foreign direct investment, FDI, between 2022 and 2024, highlighting sustained investor interest in the industry despite regulatory reforms and …
Lagos State Governor, Babajide Sanwo-Olu, has inaugurated the new TY Logistics Park FZE, a Grade-A contract logistics facility covering about 29,000 square metres, describing it as the first development of …
Nigeria’s currency recorded a slight weakening at the official foreign exchange market on Monday, as the naira closed at N1,451.86 per US dollar, compared to N1,450.43 per dollar recorded at …
The Federal Government of Nigeria has reduced the signature bonus required for participation in the 2025 oil block licensing round, in a major move aimed at attracting more investors into …
The Nigerian Exchange Limited (NGX) ended the week on a strong note as renewed buying interest in ICT and banking stocks lifted the market by N2.44 trillion. The All-Share Index …
Analysts at Afrinvest have projected that Nigeria’s economy could grow between 4.3 per cent and 4.5 per cent in the fourth quarter of 2025, driven by seasonal activities, improved foreign …
The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
Eterna Plc, one of Nigeria’s leading integrated energy companies, has taken a major step to strengthen its financial position with the launch of a rights issue valued at about N21.52 …
Ecobank Nigeria Limited has announced the launch of a tender offer for its outstanding U.S.$300 million, 7.125 per cent Senior Note Participation Notes due 2026, in a move aimed at …
Exactly one week after over 300 students were kidnapped from St. Mary’s Catholic School in Papiri, Agwara Local Government Area of Niger State, another deadly attack has hit the state. …